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  • Technology
  • United States

Citi creates a financial bridge between Walmart and its suppliers

The American bank Citi has just announced the official launch of a financing platform dedicated to Walmart suppliers. Bridge built by Citi offers a wide range of financing options to small and medium-sized businesses that have a commercial relationship with Walmart. After a pilot phase lasting more than a year, the bank is now implementing its Banking-as-a-Service strategy by providing the infrastructure for this platform to act as an intermediary between Walmart, its suppliers and small American lenders.

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